Sterling Falls as Treasury Yields Climb

Sterling fell against a stronger dollar on Friday as Treasury yields climbed, but the pound was still on track for weekly gains amid hopes for an economic recovery following Britains speedy vaccination programme. Sterling was down 0.5 against a stronger dollar at 1.3925 as U.S. Treasuries sold off during early London trading, pushing the yield […]
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JGB SuperLong Yields Edge Lower, all Eyes on BOJ Meeting

TOKYO, March 12 Reuters Yields on superlong dated Japanese government bonds edged lower on Friday as traders awaited the Bank of Japans BOJs meeting next week, where the central bank will review its monetary policy framework. The BOJ may exempt more funds from negative interest rates and reveal ways to make its purchases of exchangetraded […]
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Japanese Shares Rise on Economic Optimism, Tech Rebound

TOKYO, March 12 Reuters Japanese shares rose for a fourth straight session on Friday, as technology stocks bounced back while expectations that low interest rates and big fiscal spending would continue to support global economic growth kept investor sentiment supported. The Nikkei 225 Index rose 0.76 to 29,434.40 by 0202 GMT and the broader Topix […]
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Sterling Holds above 1.39 as Dollar Weakens

LONDON, March 11 Reuters The pound made slim gains on Thursday, holding above 1.39 as the dollar weakened and investors remained focused on hopes that Britains relatively successful COVID19 vaccine programme would support its economic recovery. Sterling gained 0.1 to 1.3949 by 0858. Analysts said the limited moves were largely driven by the dollar in […]
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Classic RiskOn Move in Currencies; ECB Meeting

Rates as of 0500 GMT Market Recap On Tuesday I said that the stock market was no longer signalling riskon or riskoff, but rather rotation. Yesterday though the indices were generally higher, and the FX market exhibited a classic riskon profile, with the three commodity currencies on top and USD, CHF and JPY on the […]
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